SoftBank in Talks to Acquire Majority Stake in 1X Technologies at $6 Billion Valuation

SoftBank is reportedly in negotiations to acquire a majority stake in 1X Technologies, an OpenAI-backed humanoid robotics startup, at a valuation of approximately $6 billion. This investment aligns with SoftBank's strategic focus on robotics and aims to fund the deployment of 1X's flexible-body robots for household tasks. 1X previously attempted to raise $1 billion at a $10 billion valuation last fall but fell short of that target. SoftBank CEO Masayoshi Son(孙正义) believes the integration of AI and physical robotics will drive the next wave of trillion-dolla